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Property summary
This exceptional investment opportunity presents a four-unit apartment building located in Hialeah, Florida, at 1670 W 42nd St, 33012. Built in 1984, this two-story, concrete block construction building boasts four fully occupied apartments, each featuring three bedrooms and two bathrooms. Each unit includes central air conditioning, an inside laundry room, an open kitchen, and walk-in closets. Upper units offer open balconies, while lower units provide private, fenced patios. The property includes a private parking lot accommodating six to eight vehicles. Recent improvements include a new roof, and the building has successfully completed its 40-50 year certification. All four units are currently on month-to-month leases, providing flexibility for adjusting rental rates to market value and maximizing income potential. Financing options include FHA, cash, conventional, and VA loans. A 48-hour notice is required for showings to respect tenant privacy. This property represents a strong investment opportunity in a desirable Hialeah location.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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